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How does purchasing equipment with cash negatively impact working capital turnover ratio? Group of answer choices It increases other current assets while offsetting cash accounts
How does purchasing equipment with cash negatively impact working capital turnover ratio?
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It increases other current assets while offsetting cash accounts
It increases long-term debt while decreasing short term liabilities
It decreases long-term liabilities and current assets concurrently
It increases long-term assets and decreases current assets
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